Sony Pictures Entertainment has completed its acquisition of WarnerMedia’s anime streaming platform Crunchyroll for £850m ($1.18bn).
Sony has acquired the SVoD from WarnerMedia parent company AT&T through its anime firm Funimation Global Group – a joint venture with Sony Music Entertainment subsidiary Aniplex.
Crunchyroll has 5m subscribers and 120m registered users globally, with a broad media and entertainment focus that includes AVoD (ad-based video on demand), mobile gaming, events, merchandise and distribution.
Following the deal, Crunchyroll will expand distribution and its content offering.
Last year, its global partnerships and content